ASX-listed Okapi Resources has reinforced its uranium footprint in the United States after securing full ownership of 45 new mining claims and one State Mineral lease in Colorado. The acquisition stretches the boundaries of the company’s Maybell uranium project where historical production tipped the scales at 5.3 million pounds of triuranium octoxide running a solid average grade of 1300 parts per million. Okapi Resources has added scale to its North American uranium portfolio. Credit: File ASX-listed Okapi Resources has reinforced its uranium footprint in the United States after securing full ownership of 45 new mining claims and one State Mineral lease in Colorado. The acquisition stretches the boundaries of the company’s Maybell uranium project where historical production tipped the scales at 5.3 million pounds of triuranium octoxide running a solid average grade of 1300 parts per million.

The purchase also includes the procurement of an extensive historical database laden with […]

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Tracy Weslosky January 3, 2023 No Comments The uranium market had a reasonable 2022 with uranium prices up by 12% . The question on everyone’s mind is what will uranium prices do in 2023?

Given that the world needs to move away from fossil fuels and that nuclear offers reliable baseload power, smart nuclear looks to be a solid bet for the world’s energy future, especially with nuclear energy fueled by uranium now providing the U.S. with 50% of its zero carbon power.

Uranium prices trending higher in recent years Uranium demand vs supply

In the last few years experts have been predicting that we will soon see uranium deficits accompanied by the higher prices needed to encourage new production. The late 2021 uranium price spike and continued rise in prices in 2022 suggests that uranium’s time has finally arrived. Daily InvestorIntel updates Energy Fuels CEO and President, Mark Chalmers, […]

Click here to view original web page at investorintel.com

Each January, we survey the leading financial newsletter advisors asking for their favorite stocks for the coming year. With concerns over global inflation, it is not surprising that commodities are among the most popular sectors. Our MoneyShow Top Picks report 2023 includes 7 favorites among gold, silver, uranium and lithium miners.

The setup in silver is as compelling as I have ever seen it. Silver is a superb inflation hedge, but it’s also crucial to the green energy transition. Silver’s biggest industrial application is solar panels, which require 12% of annual silver supply. But it’s also irreplaceable in EVs, electronics, and medicine.

Pan American Silver (PAAS) is an ideal way to play the huge upside in silver with relatively limited risk. Founded in 1994 by mining legend Ross Beaty, Pan American Silver is the world’s second largest primary silver mining company. It boasts a total 28 years of operations […]

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RHJ Denison Mines (NYSE: DNN ) continues its efforts to de-risk its high grade Wheeler River project. The recently released positive news regarding the ISR field test at the Phoenix deposit are a major milestone for the company as it demonstrates the viability of the superior ISR mining method at the Athabasca basin. At the same time, the financial position of Denison is strong, potentially paving the way for a non-dilutive production path. While inflation will likely hit the initial capital requirements for Denison’s projects, management seems to have a prudent strategy for their development. Overall, despite the risks that come with a developer stage miner, Denison seems like a good speculative bet on the uranium bull thesis. Company overview

Denison Mines is a Canadian exploration and development uranium company with focus on the Athabasca basin. The company has ownership in a few assets, including the operating McLane Lake […]

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Each January, we survey the leading financial newsletter advisors asking for their favorite stocks for the coming year. With concerns over global inflation, it is not surprising that commodities are among the most popular sectors. Our MoneyShow Top Picks report 2023 includes 7 favorites among gold, silver, uranium and lithium miners.

The setup in silver is as compelling as I have ever seen it. Silver is a superb inflation hedge, but it’s also crucial to the green energy transition. Silver’s biggest industrial application is solar panels, which require 12% of annual silver supply. But it’s also irreplaceable in EVs, electronics, and medicine.

Pan American Silver (PAAS) is an ideal way to play the huge upside in silver with relatively limited risk. Founded in 1994 by mining legend Ross Beaty, Pan American Silver is the world’s second largest primary silver mining company. It boasts a total 28 years of operations […]

Click here to view original web page at www.forbes.com

imaginima Investment Thesis

Sprott Inc. (NYSE: SII ) is a Canadian investment company, focused on the precious metals and uranium industries. I have covered the stock many times in the past few years, those articles can be found here . The company has a listing in both the U.S. and Canada.

Assets Under Management is by my calculations almost at a peak level in Q4-22, up around 14% from Q4-22, but the stock price has declined by as much as 24% during 2022. Even if the sentiment has been relatively poor for miners during the year, most producers have still fared better than this without the impressive AUM growth we have seen for Sprott. So, it has led to an excellent opportunity for investors, and I have continued to add to the stock over the last couple of months. Figure 1 – Koyfin Exchange Listed Products Segment

The exchange listed […]

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Tracy Weslosky January 3, 2023 No Comments The uranium market had a reasonable 2022 with uranium prices up by 12% . The question on everyone’s mind is what will uranium prices do in 2023?

Given that the world needs to move away from fossil fuels and that nuclear offers reliable baseload power, smart nuclear looks to be a solid bet for the world’s energy future, especially with nuclear energy fueled by uranium now providing the U.S. with 50% of its zero carbon power.

Uranium prices trending higher in recent years Uranium demand vs supply

In the last few years experts have been predicting that we will soon see uranium deficits accompanied by the higher prices needed to encourage new production. The late 2021 uranium price spike and continued rise in prices in 2022 suggests that uranium’s time has finally arrived. Daily InvestorIntel updates Energy Fuels CEO and President, Mark Chalmers, […]

Click here to view original web page at investorintel.com

When it comes to material stocks, different investors have different preferences — some lean heavily towards gold stocks for their ability to provide a hedge against market crashes and inflation. Silver stocks can offer the same benefit, albeit on a smaller scale. More forward-looking investors favour battery metal companies and wait for the electric vehicle (EV) boom to gain more traction.

However, some other material stocks often fly under the radar but may have great potential, especially if the right market conditions are in place. A uranium stock

Zoom→

Uranium has been a coveted material ever since we realized its energy potential. And even though this potential was never fully realized, many countries in the world are waking up to the fact that uranium might be the best “transition fuel,” at least until we can go fully green. Companies like Cameco ( TSX:CCO ) may offer great returns when that happens.This […]

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According to Bloomberg, the nine investment firms that are currently keeping an eye on shares of Cameco Company (TSE: CCO) (NYSE: CCJ) have given the company’s stock a consensus rating of “buy.” In addition, within their respective publications, five equity research analysts have argued that investors should buy the stock. These analysts’ arguments can be found below. According to the consensus price target among analysts who have covered the company in the preceding year, the stock price is anticipated to trade at $42.67 per share over the next 12 months.

Several research analysts from various companies recently published a report containing their findings on the CCO share market. Bank of America increased its target price on Cameco shares from $42.00 to $47.00 in a report published on Tuesday, November 22. On Monday, October 17, the Canadian financial institution Scotiabank released a report stating that it had decreased its target price […]

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According to Bloomberg Ratings, out of the ten rating agencies that are currently covering Cameco Co. (NYSE: CCJ) (TSE: CCO), the stock has been given an average rating of “Moderate Buy.” This rating was arrived at by considering the ratings those rating agencies offered to the company. As a result, analysts have given this stock five buy recommendations, four sell recommendations, and one neutral recommendation. In addition, the average price target established for the stock by market analysts who have rated the company in the preceding year and have set price targets for it is currently set at $43.00 for the period of the next 12 months.

The CCJ has been in touch with several different research organizations. In a report distributed on Tuesday, October 18th, Scotiabank indicated that the price target it had established for Cameco shares had decreased from $44.00 to $42.00. In a research note published by […]

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Vancouver, BC –News Direct– MarketJar Worldwide efforts to achieve net-zero goals are ongoing, and many nations are beginning to recognize the critical role nuclear energy plays in this race. One of the cleanest forms of power generation is nuclear energy because it doesn’t cause carbon emissions or climate change. In fact, the International Energy Agency estimates that the nuclear sector will need to double in size over the next two decades in order to achieve the global net-zero emissions goals (IEA). In fact, the demand for new, optimized nuclear reactors will require more than $1 trillion in global investment.

Add to that the energy crisis taking place in Europe and it’s easy to see why interest in uranium is gaining momentum. Several countries are already making changes to their nuclear energy policies to extend the life of power plants, creating a potential boom for the uranium market.

The US government approved […]

Click here to view original web page at finance.yahoo.com

Uranium Royalty Corp. (NASDAQ:UROY) shares, rose in value on Friday, 12/30/22, with the stock price up by 0.85% to the previous day’s close as strong demand from buyers drove the stock to $2.37.

Actively observing the price movement in the last trading, the stock closed the session at $2.35, falling within a range of $2.28 and $2.37. The value of beta (5-year monthly) was 1.94. Referring to stock’s 52-week performance, its high was $5.00, and the low was $2.10. On the whole, UROY has fluctuated by -19.11% over the past month.

5 Undervalued Stocks For 2023

Approximately 544 miles north of Las Vegas lies what’s been dubbed "the biggest lithium deposit in the US." One tiny company stands to be the biggest beneficiary because lithium "faces a long-term supply shortage," according to Barron’s. This company, however, is sitting on a goldmine opportunity as it plans to produce 30,000 tonnes per […]

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Uranium is not just popular with the retail crowd but with the institutional crowd as well. It really does seem like a no brainer investment given nuclear energy being the solution for base load energy with CO2 free emissions, and the current supply and demand uranium set up.

Things get more interesting as the European Union ban on Russian crude oil goes live on December 5th . There are some issues with the price gap, but this has the potential to send crude oil prices higher! But for uranium investors, this begs the question: will Russian uranium be next? In previous weekly uranium sector roundups, I have written about banks such as Citi being bullish uranium because they see a ban or sanctions on Russian uranium coming. Kazakhstan’s Kazatomprom is also looking at alternative routes to deliver uranium rather than through St Petersburg in case sanctions or a ban is […]

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In a year that saw major land-based warfare return to Europe for the first time since the ’90s, global volatility has become an important challenge. Central banks have responded to geopolitical and rising rate-related challenges by buying gold, with the prospect of rates hitting their peak next year and yields stabilizing creating a path for gold and other precious metals next year. For investors looking to reflect on the year in precious metals, consider the top three gold and silver stories for 2022.

Readers were very intrigued by the news that March, defined by Russia’s invasion of Ukraine, sent gold and silver prices up significantly. The invasion’s reverberations across the global economy, ranging from spiking energy costs to fluctuating grain supplies, saw investors seek traditional sanctuaries from volatility like precious metals.

The spike echoed 2020’s pandemic-driven gold price increase, with the piece citing Sprott market strategist Paul Wong and his analysis […]

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30 December

PricewaterhouseCoopers (PwC) has announced the winners of the best Kazakh companies rating by the level of ESG disclosure in annual reports for 2021. The list of 50 companies with the best disclosure practices in the field of sustainable development is formed annually, and only the strongest are nominated in the TOP 10 of the ESG Disclosure Rating. In 2022, NAC Kazatomprom JSC (hereinafter – Kazatomprom or the Company) became its leader.

Disclosure of information on environmental, social and governance aspects is a call of the time and the global community, contributing to long-term and sustainable business development. Qualitative disclosure of ESG information allows us to identify significant risks and opportunities of the current business model, which contributes to more effective adaptation to new challenges. Today, ESG indicators are increasingly influencing the investment attractiveness of a company in the global market, and their disclosure is also becoming an important factor […]

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DUBLIN–( BUSINESS WIRE )–The "Research Report on China’s Uranium Resource Import 2023-2032" report has been added to ResearchAndMarkets.com’s offering.

In recent years, China has seen rapid development of nuclear power. By the end of 2022, China had 53 commercial nuclear power units in operation, with a total installed capacity of 55.6 million kilowatts.

There are 23 nuclear power units under construction, with a total installed capacity of 24.19 million kilowatts. China’s installed capacity of nuclear power generation units under construction has remained the world’s largest for many years. As China’s installed nuclear power capacity rises, so does the country’s demand for uranium resources. Since China’s indigenous uranium resources are poor, with total reserves of no more than 200,000 tons and high mining costs, China needs to import large amounts of uranium resources every year.

In 2021, China’s imports of uranium resources reached 13,613.9 tons, down 18.4% year-on-year, and the import value of […]

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DUBLIN–(BUSINESS WIRE)–The "Research Report on China’s Uranium Resource Import 2023-2032" report has been added to ResearchAndMarkets.com’s offering. In recent years, China has seen rapid development of nuclear power. By the end of 2022, China had 53 commercial nuclear power units in operation, with a total installed capacity of 55.6 million kilowatts.

There are 23 nuclear power units under construction, with a total installed capacity of 24.19 million kilowatts. China’s installed capacity of nuclear power generation units under construction has remained the world’s largest for many years. As China’s installed nuclear power capacity rises, so does the country’s demand for uranium resources. Since China’s indigenous uranium resources are poor, with total reserves of no more than 200,000 tons and high mining costs, China needs to import large amounts of uranium resources every year.

In 2021, China’s imports of uranium resources reached 13,613.9 tons, down 18.4% year-on-year, and the import value of US$1.31 […]

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Even after regulators say uranium mine cleanup is complete, polluted water and sickness are often left behind

Uranium contamination extends several miles in an aquifer under the Bluewater disposal site in New Mexico. (Mauricio Rodriguez Pons / ProPublica) In America’s rush to build the nuclear arsenal that won the Cold War, safety was sacrificed for speed.

Uranium mills that helped fuel the weapons also dumped radioactive and toxic waste into rivers like the Cheyenne in South Dakota and the Animas in Colorado . Thousands of sheep turned blue and died after foraging on land tainted by processing sites in North Dakota. And cancer wards across the West swelled with sick uranium workers.

The U.S. government bankrolled the industry, and mining companies rushed to profit, building more than 50 mills and processing sites to refine uranium ore .But the government didn’t have a plan for the toxic byproducts of this nuclear assembly […]

Click here to view original web page at sourcenm.com

Here are your Predictions for 2023 – collected from Livewire and Marcus Today Members. Let’s start with a few of your statements : No-one knows so what follows is not prediction, its guesswork.

My prediction for 2023 is that I will be wrong most of the time but right when it counts.

Follow the trend – it is your only friend.

On a daily basis the ASX 200 will go up 53% of the time (20 year statistical fact) – it’s not much of an edge. React don’t predict.Surprises for 2023 Central bankers falling on their swords and admitting incompetence. China gets back on track (looks like they have given up already – 250m people or 18% of the population has had COVID in December and they are lifting quarantine restrictions and opening borders).Rate cuts . Crypto will either go significantly down or […]

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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, Alberta, Dec. 23, 2022 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the “ Company ” or “ Traction ”) ‎(CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is pleased to announce that it has closed the second tranche of a non-brokered private placement (the “ Second Tranche ”) for aggregate gross proceeds of C$299,999.70.

The Company issued 857,142 flow-through units (each, a “ Flow-Through Unit ”) at a price of C$0.35 per Flow-Through Unit. Each Flow-Through Unit consists of one (1) common share (each, a “ FT Share ”) and one-half (1/2) common share purchase warrant, with each whole warrant exercisable into one (1) common share of the Company at a price of C$0.40 for a period of two years from the date of issue.

The Company will use the proceeds from the issuance of the FT Shares […]

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26 December

JSC National Atomic Company "Kazatomprom" ("Kazatomprom" or "the Company") announces the placement of the Company’s first issue of bonds (ISIN KZ2C00009199) in the "Debt Securities" sector of the "Main" platform of JSC "Kazakhstan Stock Exchange" ("KASE") in the "Commercial Bonds" category on December 23, 2022.

The placement of the first issue of commercial bonds is made under the following conditions: Type of bonds (being issued): unsecured coupon commercial bonds

Total volume of the bond issue: 50,000,000 (fifty million) US dollars Number of bonds: 500,000 (five hundred thousand) pieces Maturity date: 30 (thirty) calendar days from the issue date Nominal value of one bond and the currency of the nominal value: 100 (one hundred) US dollars Interest rate (coupon): 4.32% (determined as the Secured Overnight Financing Rate (SOFR) published on the official website of the Federal Reserve Bank of New York: ( https://www.newyorkfed.org/markets/referencerates/sofr ) as […]

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Written by Summary

URA and URNM are the two main ETFs offering equity exposure to the uranium space.

URA may look better at first glance – it has better expense ratio, liquidity and discount to NAV.

On the other hand, URNM is the purer-play uranium bet, as URA has holdings outside the sector. Antoine2K Many investors, myself included, believe that uranium is the solution to the energy transition challenge. However, the nearly decade long uranium bear market has wreaked havoc in the miners space. Many companies were forced to shut down, due to low market prices of the commodity. As a result, nowadays the uranium space has very few producers, while most companies are explorers/developers. The latter are a lot riskier than producers, since there’s permitting, exploration and initial capital investment inflation risk. So obtaining a diversified uranium exposure by picking individual names may be a challenge. This is […]

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VANCOUVER, British Columbia, Dec. 19, 2022 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“ Standard Uranium ” or the “ Company ”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce the signing of an Exploration Agreement (the “ Agreement ”) that formalizes the Company’s relationship with Ya’ thi Néné Lands and Resources (“ YNLR ”), Hatchet Lake Denesułiné First Nation, Black Lake Denesułiné First Nation, Fond du Lac Denesułiné First Nation (the “ Athabasca First Nations ”) and the Northern Hamlet of Stony Rapids, the Northern Settlement of Uranium City, the Northern Settlement of Wollaston Lake and the Northern Settlement of Camsell Portage (the “ Athabasca Municipalities ”, and the Athabasca First Nations, are collectively known as the “ Basin Communities ”).

With the Agreement, YNLR, the Basin Communities and the Company have formed a long-term mutually beneficial partnership. The Basin Communities will benefit from meaningful participation in projects […]

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Article content

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, Alberta, Dec. 23, 2022 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the “ Company ” or “ Traction ”) ‎(CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is pleased to announce that it has closed the second tranche of a non-brokered private placement (the “ Second Tranche ”) for aggregate gross proceeds of C$299,999.70. Financial Post Top Stories Article content

The Company issued 857,142 flow-through units (each, a “ Flow-Through Unit ”) at a price of C$0.35 per Flow-Through Unit. Each Flow-Through Unit consists of one (1) common share (each, a “ FT Share ”) and one-half (1/2) common share purchase warrant, with each whole warrant exercisable into one (1) common share of the Company at a price of C$0.40 for a period of two years from the date of issue. Article content The […]

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The Company issued 857,142 flow-through units (each, a “ Flow-Through Unit ”) at a price of C$0.35 per Flow-Through Unit. Each Flow-Through Unit consists of one (1) common share (each, a “ FT Share ”) and one-half (1/2) common share purchase warrant, with each whole warrant exercisable into one (1) common share of the Company at a price of C$0.40 for a period of two years from the date of issue.

The Company will use the proceeds from the issuance of the FT Shares for “Canadian exploration expenses” as such term is defined in the Income Tax Act (Canada) (the “ Tax Act ”).

All securities issuable in connection with the Second Tranche are subject to a statutory hold period, in accordance with applicable securities laws, of four months and one day from the date of issue. A third tranche of the Company’s non-brokered private placement is expected to close in […]

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